Nov 30th, 2020Is This the Fastest-Growing Tech Trend of the 2020s?
Disruption equals profits. That’s a simple formula to find new investing opportunities in so many industries. Switchboard operators were “disrupted” by automated phone systems, the personal computer caused profound disruption for typewriter companies. And now in 2020, the entire way of selling cars and trucks is undergoing the next wave of disruption. And the stakes are huge. The Bureau of Economic Statistics pegs the U.S. retail auto market at around $218 billion each year. Edmunds, an online resource for automotive information, figures that every car sold brings in a $1,000 profit for each dealer, and $200 for each salesman. When we’re talking about an industry that moves 17-20 million units per year, those kinds of profits add up.
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Nov 03rd, 2020A Toy Story
My childhood was spent in the better part of the 1970s, which meant that my friends and I were the beneficiaries of some of the best mass market toys and games in the history of U.S. consumerism. Hot Wheels. Nerf balls. Connect Four. Barbie. Rock ‘em Sock ‘em Robots. And who could forget G.I. Joe with Kung Fu grip?
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